New PSA car storage facility 'vital for S'pore' A new multi-storey car storage facility at PSA Corporation's Pasir Panjang Wharves will help Singapore maintain its competitiveness as a regional vehicle transhipment hub, according to prominent Norwegian shipowner Wilhelm Wilhelmsen.
Yantai wins US$310m rig order from Norway firm YANTAI Raffles Shipyard, founded and controlled by Singapore's Brian Chang, has secured another order for a semi-submersible drilling rig - worth a whopping US$310 million - from Norway's Awilco Offshore.
Hyundai Heavy's profit soars; Hanjin Shipping's down HYUNDAI Heavy Industries Co, the world's largest shipyard, said profit last year almost quadrupled as the company built more vessels at higher prices and paid less for steel plate used to make hulls.
Admiralty Casebook
Ship's confusing actions created dangerous situation: court ABULK carrier that created a dangerous situation between itself and another vessel off Gibraltar should be almost wholly responsible for the collision that followed between the two vessels, an English court ruled last week.
New PSA car storage facility 'vital for S'pore' A new multi-storey car storage facility at PSA Corporation's Pasir Panjang Wharves will help Singapore maintain its competitiveness as a regional vehicle transhipment hub, according to prominent Norwegian shipowner Wilhelm Wilhelmsen.
Yantai wins US$310m rig order from Norway firm YANTAI Raffles Shipyard, founded and controlled by Singapore's Brian Chang, has secured another order for a semi-submersible drilling rig - worth a whopping US$310 million - from Norway's Awilco Offshore.
Hyundai Heavy's profit soars; Hanjin Shipping's down HYUNDAI Heavy Industries Co, the world's largest shipyard, said profit last year almost quadrupled as the company built more vessels at higher prices and paid less for steel plate used to make hulls.
Admiralty Casebook
Ship's confusing actions created dangerous situation: court ABULK carrier that created a dangerous situation between itself and another vessel off Gibraltar should be almost wholly responsible for the collision that followed between the two vessels, an English court ruled last week.
Ladyman defends beaching of MSC Napoli BRITAIN transport minister defends decision as opposition criticises Maritime and Coastguard Agency's port state control inspections.
Pollution from MSC Napoli hits Brittany coast
Frontline spins-off FPSO business FRONTLINE is bringing external investors into its new floating production, storage and offloading venture, Sea Production.
Liability insurance hikes to hit ferry sector PASSENGERSHIP operators face increases of up 40% in their liability insurance costs under a deal being finalised.
Abuja hosts African maritime conference THE first conference of maritime ministers of African Union countries is due to be held in Abuja, the Nigerian capital, on February 19-23
African migrants rescued in N Atlantic FOURTEEN Senegalese migrants were rescued from a sailing boat in the North Atlantic over the weekend by a Hong Kong-flagged boxship
US ethanol imports skyrocket THE US more than quadrupled its ethanol imports in 2006 despite steep tariffs designed to protect domestic producers
Drifting car carrier towed to port THE car carrier Autoprogress was towed into the French port of Brest yesterday after losing propulsive power on Tuesday when a fire broke out in the engine room
West Coast containers surged in 2006 West Coast ports handled 15.4 million TEUs, an increase of eight percent, on surging U.S.-Asia trade that shows no signs of slowing.
Maersk restructures U.S. inland network
Carriers need 'adequate rates', says Hapag-Lloyd's Mack
Port of Seattle container volume falls by 5%
Hanjin profits fall
Matson Q4 profit up 26%
Lines launch North Europe-South America Service
i2 net falls in Q2
Panalpina, NYK in pact
Davidson retires at Union Pacific
Commonwealth Business Media names Rodby VP of communications
Asset sales rescue Hanjin as revenues plummet in spite of strong volume growth South Korea's Hanjin Shipping said today that its net profits for last year fell 4.6% to KRW460bn (US$490m) despite a 14.8% increase in container volume, to 3.27m teu.
South Korea-to-China cargo declines for the first time in five years
Novorossiysk stevedore and TransContainer finish blocktrain trials
South Korea forecasts 10-11% export growth
Re-elected Lula promises funding to cut "Brazil cost" of poor infrastructure
TUI shares recover after drop caused by report of expected loss
Stealthgas fixes four Nasdaq-listed Stealthgas is bringing more ships under management of the Vafias-family owned Stealth Maritime Corp.
Dohle and Corsair into HCI MPC Capital and Harald Christ have sold down in German finance house HCI
Qatar frees Koo cape Orient Steamship has won release of a capesize after a two-month fight. Now a third party is going after Oceanbulk for arresting the ship.
China play pays off Matson Navigation's new China-US liner service has made up for the carrier's expired alliance with APL.
'Still shopping for ships' Joe Royce-led TBS International has sold a 23-year-old tweendecker for $13m but says it is still on a tonnage hunt.
Major savings for Stena Swedish owner potentially cuts cost of bond debt by a third.
Another queasy cruise Second Carnival ship in quick succession struck with suspected norovirus outbreak leaving 74 ill.
Cash for Kleimar? Angeliki Frangou's Navios Maritime grows its acquisition arsenal with new cheaper bank loan.
Greens poleaxe coal cargo Polish bulker prevented from unloading at Amsterdam as Greenpeace pushes government on climate change.
MNP finishes 19 Russian yard group has been busy on vessels for Palmali, Svithoid and Caspian Shipping in 2006.
New ships for UDSC Ukrainian owner receives government cash to build dry cargoships at domestic Kilia yard.
The Americans are coming ReedSmith shakes up London law scene as it throws bash to launch Richards Butler merger.
Hanjin Heavy ups Subic spend Budget for Filipino dockyard leaps 75% as Korean yard pursues expansion.
Tesma and Stromme to go Axel Eitzen's marine services group rebranding subsidiaries under EMS name.
K Line confirms S America run Japanese owner teams with CSCL, Hatsu and Maruba from Europe.
Frontline in FPSO spin Norwegian tanker owner forming separate production company and will buy two aframaxes from John Fredriksen for conversion.
Siba heading down underground Italian bulker and livestock carrier owner diversifies into mining with Aussie investment.
Hanjin hobbles Korean shipowner sees operating result plummet 75% in 2006 as won rises and freight rates fall.
HHI hits new high Profit nearly quadruples at Korean shipbuilding giant in 2006 as productivity improved for higher-value vessels.
Mipo minted Korean yard almost doubles annual profit on back of increased orders, high vessel prices and low steel costs.
Yantai inks rig deal Chinese shipbuilder to build semi-submersible drilling rig for Norway's Awilco Offshore.
Cruise ships to buy power in Norwegian ports Norway is likely to demand that visiting cruise ships buy electric power in ports to prevent CO2 and NOX emissions ...
Eidesvik takes stake in B+H Kristian Eidesvik has, through his investment arm, Caiano A/S, bought 6.5 per cent of the share capital of B ...
Norway Line with drug problems on Hanstholm-service A steady traffic with drug-addicted persons has created a new challenge for Norway Line on their Bergen/Stavanger-Hanstholm service. When ...
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